Amg lithium signs mou with freyr battery for supply of battery-grade lithium hydroxide

Amsterdam, 31 january 202 3 --- amg advanced metallurgical group n.v. ("amg", euronext amsterdam: "amg") announces its wholly owned subsidiary, amg lithium gmbh (“amg lithium”), has signed a non-binding memorandum of understanding (“mou”) with freyr battery (nyse: frey) (“freyr”), a developer of clean, next-generation battery cell production capacity. the basis of the mou is for amg lithium to supply freyr between 3,000 to 5,000 tons per annum of battery-grade lithium hydroxide.
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